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Cross-border markets of the Eurasian Economic Union countries: The competitive field and administrative barriers

Pashtova L.G. Financial University under Government of Russian Federation, Moscow, Russian Federation ( palelya@yandex.ru )

Komel'kov M.V. Financial University under Government of Russian Federation, Moscow, Russian Federation ( fef@fa.ru )

Journal: Financial Analytics: Science and Experience, #3, 2018

Subject This paper considers the main formation problems and development prospects of cross-border markets in the countries of the Eurasian Economic Union. It deals with the administrative barriers and formation of a competitive field in the territory. The article reveals the distinctive features of trade relations within the EEU.
Objectives The paper aims to explore the problems of formation and development of cross-border cooperation. As well, it reviews the regulations of individual countries and identifies opportunities for developing a competitive field for cross-border markets.
Methods The study used the methods of analysis of economic occurrences, phenomena and documents.
Results The analysis shows that constantly changing administrative conditions create certain difficulties in partnership in the EEU.
Conclusions Discrepancies in customs and tariff policy and non-tariff regulation are the main part of the barriers that arise within the cross-border markets. Cross-border markets are a necessary condition for the formation of a competitive field of the Eurasian Economic Union countries.


Business social responsibility: World trends and domestic characteristics

Pashtova L.G. Financial University under Government of Russian Federation, Moscow, Russian Federation ( palelya@yandex.ru )

Komel'kov M.V. Financial University under Government of Russian Federation, Moscow, Russian Federation ( academy@fa.ru )

Journal: Financial Analytics: Science and Experience, #8, 2017

Importance The paper reveals the importance of researching the foundations of social business responsibility, the practice of applying this concept in Russia and abroad. The article deals with the most typical managerial problems of the constituent elements of corporate social responsibility.
Objectives The purpose of the article is to substantiate the importance of researching the principles and components of the social responsibility of business, reviewing the experience of foreign and Russian practices, and identifying trends and opportunities for the development of social business responsibility in Russia.
Methods The authors use analytical methods of research of social activity of Russian and foreign companies.
Results The analysis shows that in Russia, the most important internal constraining factor is the low level of social responsibility of companies' management.
Conclusions and Relevance When studying the material, it was found that the Russian practice of the CSR has not yet reached a sufficiently high level. But despite this, in the face of the ongoing economic crisis, the Russian companies do not reduce their socially-oriented costs.


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